The Brooklyn Nets reached an agreement in principle Wednesday with Lionel Hollins to become their coach, moving quickly after the departure of Jason Kidd.

The deal with the former Memphis Grizzlies coach comes two days after the Nets made a trade with Milwaukee to allow Kidd out of his contract so the Bucks could hire him.

Nets general manager Billy King and his assistants then met with Hollins on Monday night and again Tuesday before agreeing to the deal. Terms were not disclosed.

Hollins led Memphis to 56 victories and the 2013 Western Conference finals before he and the Grizzlies parted ways. The Nets considered him last year after firing P.J. Carlesimo before hiring Kidd.

Bucks: New team owners Marc Lasry and Wes Edens admit they may have made some errors in luring Jason Kidd to Milwaukee.

That doesn’t mean they aren’t happy to have him as Bucks coach.

“Our one goal is to hire people to run it, that know what they’re doing,” Edens said. “Jason is someone I’ve admired as a player. He did a great job managing the Nets this year, and we think he’s the best young coaching talent in basketball.”

Kidd, who was formally introduced Wednesday, said there were no hard feelings over his abrupt and surprising departure from Brooklyn.

Kidd dismissed the suggestion that he left after being turned down in seeking control of the Nets’ basketball operations department. And he said he had no plans to seek a similar role in Milwaukee, where general manager John Hammond is under contract through the 2015-16 season.

“They are not true,” Kidd said. “It’s not about power. You guys ran with that. It’s not about power.”

Lasry said it was wrong to not bring Hammond into the loop earlier in the process, which began last week when the owners sought permission from the Nets to speak with Kidd. Lasry and Kidd are friends.

Raptors: Point guard Kyle Lowry has agreed to re-sign with Toronto, his agent confirmed. Yahoo Sports reported that the deal was for four years and $48 million.

Spurs: San Antonio reserve guard Patty Mills, a former Saint Mary’s star, agreed to a new three-year deal in the $12 million range, sources close to the process told ESPN.com.

Celtics: Guard Avery Bradley has agreed to a $32 million, four-year deal to remain with Boston.

All the Chiefs had to do to give QB Patrick Mahomes a chance in overtime was not allow a touchdown. They couldn't do it. That's the fault of their defense. The NFL overtime system is fine the way it is.